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Where am I? > Home > News
NEWS
Linklaters City finance partner Howard quits to join Sullivan in London
Linklaters finance partner Chris Howard is set to leave the magic circle firm to join the London arm of Sullivan & Cromwell. The move, confirmed by the Wall Street firm today (22 May), comes little more than two years after Howard joined Linklaters fr...
22 May 2013 | 18:36
Norton Rose, Simmons and Dentons among winners in Shell review
Shell has concluded a comprehensive review of its global external legal advisers, with a host of UK and US firms winning appointments to advise the world's largest company by revenue. Though a full breakdown of all appointments was not immediately ...
22 May 2013 | 17:36
Bevan Brittan becomes latest firm to make layoffs as spending cuts bite
Bevan Brittan has placed three fee-earners and six support staff at risk of redundancy as law firms across the UK continue to streamline their businesses amid tough market conditions. The trio of associates are all based in Bevan Brittan's commerci...
22 May 2013 | 17:07
Trowers makes seven job cuts as redundancies at top 50 firms continue
Trowers & Hamlins has become the latest law firm to announce job cuts, with seven employees made redundant between March and this week. In total, three secretarial staff and four fee earners have been laid off, with the firm attributing the move to...
22 May 2013 | 13:36
Skadden and White & Case among elite line-up on vodka giant restructuring
A host of firms including Skadden Arps Slate Meagher & Flom and White & Case have taken roles on the approval of a bankruptcy plan for Central European Distribution Corporation (CEDC), one of the world's largest vodka producers. The plan, which was...
22 May 2013 | 13:19
Bonelli names new joint managing partners in top-level overhaul
Bonelli Erede Pappalardo has appointed a new management team as part of a wider governance overhaul which has seen the top Italian law firm split its managing partner role into two. Head of international tax Stefano Simontacchi and employment speci...
22 May 2013 | 12:17
US trio land lead roles on take-private of China tech outsourcing giant
Orrick Herrington & Sutcliffe, Ropes & Gray and Cleary Gottlieb Steen & Hamilton have lined up to advise on the management buyout of China's largest technology outsourcing company, Pactera Technology International. The $680.3m (£448m) deal is the lat...
22 May 2013 | 04:54
Law firms missing out on SME work over cost concerns, LSB study finds
More than half of small businesses are handling their own legal matters amid widespread concerns about the value for money offered by law firms, according to a major Legal Services Board (LSB) research project. The report, compiled in partnership w...
22 May 2013 | 00:04 | 2 comments
Training contracts fall 10% to lowest level since 1999, Law Society reports
The number of training contracts offered at law firms in England and Wales fell 10% in 2011-12 to the lowest level since 1999, according to new research by the Law Society. The society's annual report shows that the number of training contracts reg...
21 May 2013 | 16:59
Browne Jacobson grows revenues 9% to new high as firm targets £50m mark
National firm Browne Jacobson has posted a record high turnover for 2012-13, with revenues rising to £45m, up 9% on last year's total of £41.3m. The firm, which opened two new bases in 2012 in Manchester and Exeter, now has five offices and saw t...
21 May 2013 | 14:22
CC and Latham advise on Singapore's second biggest IPO this year
Clifford Chance (CC) and Latham & Watkins have acted alongside Allen & Gledhill (A&G) and Wong Partnership on the Singapore listing of Asian Pay Television Trust (APTT), the Asian city-state's second biggest IPO this year. The investment vehicle, whic...
21 May 2013 | 05:24
Simpson Thacher takes high-profile Yahoo! role on $1.1bn Tumblr buyout
Simpson Thacher & Bartlett and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian have taken lead roles on the $1.1bn (£723m) acquisition of blogging website Tumblr by Yahoo!. Yahoo! confirmed the deal in a statement today (20 May), includin...
20 May 2013 | 17:20
King & Wood Mallesons Australia managing partner steps down
King & Wood Mallesons (KWM) Australia managing partner Tony O'Malley has quit the firm just 14 months after taking up his current role. O'Malley has agreed to step down from the management role immediately and will retire as a partner of the firm o...
20 May 2013 | 16:38
Bird & Bird secures new expanded City HQ; Nabarro and Simmons advise
Bird & Bird has sealed a pre-let deal with Great Portland Estates (GPE) to move into new City premises at 12-14 New Fetter Lane from 2016. The firm has agreed a deal to lease all of the 12-storey office development, which covers a total of 142,500 ...
20 May 2013 | 15:11
Kennedys, Farrers sign outsourcing deals as firms keep close eye on costs
Kennedys and Farrer & Co have become the latest law firms to address their outsourcing arrangements as firms continue to grapple with the issue of back office costs. Kennedys has signed a three-year deal to outsource library services to Integreon, ...
20 May 2013 | 13:56 | 1 comment
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